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Which ursula capital balance after recording the withdrawal

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Problem 1: Capital balances in the MURF partnership are Molly, Capital 2,500,000; Ursula, Capital 2,000,000; Ray, Capital 1,500,000; Fred, Capital 1,000,000 and income ratios are 4:3:2:1 respectively. Fred withdraws from the firm following payment of 1,450,000 in cash from the partnership. Which of the following is Ursula's capital balance after recording the withdrawal of Fred?

a. 1,850,000

b. 1,800,000

c. 2,000,000

d. 1,900,000

Reference no: EM132775788

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